HQ Homes
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$507,266$507,266$742,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$235,234$0
Funding fee$2,536$2,536$0
Note rate2.71%2.71%7.24%
Blended rate2.71%4.307%7.48%
1st payment$2,362.98$2,362.98$5,060.12
2nd payment$0.00$1,519.22$0.00
Taxes / mo$270.75$270.75$270.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$148.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,850.40$4,369.62$5,696.04
Cash to close$317,734$82,500$82,500